CLEVELAND--()--Towlift, Inc., a leader in providing material handling solutions, has selected Stratum Benefit Solutions and Bravo Wellness to take it into its fourth year of incentive-based, integrated wellness. Towlift has benefited from several years of reduced claim costs in its self funded health care plan and has lead the way in its industry in addressing health care for employees as a risk management challenge and not a pricing issue. After four years of this strategy, Towlift has experienced a reduction of 26% in per capita claims cost and steady improvement in employee heath measures.
“In the Towlift model, employees can reduce their health plan deductible from $2,100 to as low as $100 by achieving goals tied to blood pressure, cholesterol, and obesity; and by not using tobacco or nicotine products.”
David Cannon, Towlift’s CEO and President, credits a strategy presented by Joe Ceccacci, Managing Partner, Stratum Benefit Solutions, Corporate Health IQ™ and Jim Pshock, President, Bravo Wellness. Dave Cannon notes, “… year after year we were extremely frustrated with the increasing cost of healthcare. So, we decided to be proactive and engage our employees in a plan to tackle this problem head-on. We had to start by educating our workforce on how lifestyle choices including diet, smoking and exercise, directly affect the cost of healthcare. Joe Ceccacci introduced Towlift to innovative risk management strategies that included yearly wellness screenings and a wellness educational campaign that includes smoking cessation programs, exercise incentives, and instructional videos and literature. With the support provided by our HR team, our employees have gained enthusiasm for the program with grassroots wellness committees forming in individual departments to help fellow employees with their fitness goals. The program has empowered employees to be part of the solution to more manageable health care costs.”
Working together, Towlift, Stratum Benefits and Bravo Wellness, continue to look for ways to improve their program and will be following recommendations from Stratum Benefit Solutions regarding outcomes from this year’s, Corporate Health IQ™, a 360-degree risk assessment tool. “The results-oriented culture at Towlift is a perfect fit for a Bravo Wellness program,” adds Jim Pshock. “In the Towlift model, employees can reduce their health plan deductible from $2,100 to as low as $100 by achieving goals tied to blood pressure, cholesterol, and obesity; and by not using tobacco or nicotine products.”
Towlift, Inc., is headquartered in Cleveland, OH and has other locations in Columbus, Mentor and Toledo. Ohio is a leader in material handling solutions. Contact David Bongorno for further information at Dbongorno@towlift.com.
Stratum Benefit Solutions is an innovator of integrated and incentive based insurance solutions for mid to large sized companies. Corporate Health IQ™ is a proprietary risk management model of Stratum Group, LLC, providing employers with precise information and insight into the unique risks driving their healthcare expenses. Stratum Benefit Solutions, LLC, is located in Independence, Ohio. For more information, visit www.stratumbenefits.com.
Bravo Wellness offers services to employers and business partners desiring results-based incentives for wellness. Customers experience immediate cost savings by linking employee incentives to participation and results. Bravo Wellness recognized the potential legal challenges of health insurance law, including HIPAA non-discrimination regulations, and has unique expertise in the practical application of wellness regulations for group health plans. Bravo Wellness is headquartered in Avon, Ohio. For more information visit www.bravowell.com.